Absentee Run- $225k Net Brooklyn Pizzeria - Business for Sale
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Absentee-Run Pizzeria in Brooklyn, NY
Brooklyn, NY, US
Added 2 months ago
Pizzeria / Restaurant
40 years in business
Absentee / Semi-Absentee
This business is a fully absentee-run pizzeria offering pizza and Italian food with takeout and delivery services, located in Brooklyn, NY and operating for over 40 years.
Key Information
Asking
$460K
Revenue
$1.3M
Earnings
$225K
Multiple
2.0x
Key Highlights
- Business established for over 40 years
- Absentee-run operation with 5 full-time and 1 part-time employee
- Average payroll: ~$7,500/week
- Base rent: $8,191/month with 3% annual escalation
- Real estate taxes: ~$6,000/year
- 15-year lease in place
Contact Info
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